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Dec 28, 2024

Apple Set to Become First $4 Trillion Company

Posted by in category: mobile phones

Apple is on the brink of becoming the first company in history to surpass a $4 trillion market valuation, Fortune reports.

Apple’s stock (AAPL) has nearly risen 40% in 2024. Before the markets opened on December 27, Apple’s market capitalization stood at $3.92 trillion, leaving the company just a modest surge in stock value away from the unprecedented milestone. The growth is said to have been fueled largely by optimism surrounding Apple Intelligence and the continued strength of its iPhone upgrade cycles.

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